Australia’s top collision repair chain told investors late last week that it had called off plans to sell its collision business to Service King’s parent company, Blackstone. Had it gone through, the deal would’ve been worth $508 million.
Local employees from Service King Collision Repair Centers, Enterprise-Rent-a-Car and GEICO worked together as part of the National Auto Body Council’s Recycled Rides program after hearing the stories of U.S. Army veteran Leon Swain and the family of Micah and Cameron Cortez.
The Collision Repair Education Foundation and Service King Collision Repair Centers announced the recipients of the “The Service King Way Grant: In Honor of Mario Malacara.”
According to a report by the Financial Review, Blackstone has expressed interest in purchasing the AMA Group, the largest collision repair chain in Australia.
Service King’s Apprentice Development Program, which recently became the first collision repair program to be certified by the Department of Labor, welcomed 42 new auto body repair technicians.
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